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Author Question: Suppose the government has a 440 billion budget deficit. If the government borrows 330 billion to ... (Read 136 times)

Shelles

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on: Jun 30, 2018
Suppose the government has a 440 billion budget deficit. If the government borrows 330 billion to finance this deficit and finances the rest by printing money, the amount of new money created will be
 
  A) 90 billion. B) 110 billion. C) 440 billion. D) 770 billion.

Question 2

Which of the following financial organizations have the ability to influence the supply of reserves in the United States?
 
  A) Only public sector banks B) The World Bank
  C) Only private commercial banks D) The Fed


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jointhecircus

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Shelles

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Reply #2 on: Jun 30, 2018
Thank you :)


jointhecircus

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Reply #3 on: Jun 30, 2018
Happy to help you


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